Milford Pointe construction back on track

A long-awaited Quakertown-area residential development is finally moving forward.

Located along Route 663 near Rosenberger and Starr roads, construction of the Milford Pointe neighborhood had been stalled for several years.

The development originally was planned as 22 single-family homes, 123 townhouses, 48 condominiums, two 55,000-square-foot office buildings and retail shops. Following substantial public opposition, developer CCREA Inc. withdrew the proposal in 2004.

C&M Home Builders of Warrington purchased the property in 2005 and gained approval for 90 homes on 84 acres. The developer also was planning a neighborhood shopping center at the corner of Route 663 and Rosenberger Road.

“The market was really, really hot and they started building in 2006,” said Milford Township manager Jeffrey Vey.

The developer built three single-family homes and then construction halted.

“The economy hit the cliff,” said Vey.

Milford officials later used the financial security deposit to finish paving the roadway in front of the three existing homes.

C&M could not support its financial obligations, said Craig Edwards, of Liberty Commercial Development. In 2012, Quakertown-based Liberty Commercial Development acquired Milford Pointe at a sheriff’s foreclosure sale. Ryan Homes is now selling the lots on behalf of Liberty, said Edwards.

The developer plans to build the remaining 87 homes in the planned 90-single family home neighborhood.